With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in:
A
the year 2005
B
the year 1999
C
the year 1998
D
the year 1990
Correct Answer: the year 1999
With the objective of opening the insurance sector for private participation the Insurance Regulatory and Development Authority Act (IRDA) was passed in the year 1999.